The com

Oil Refinery

Exxon Explores More Refinery Upgrades as It Hones in on Higher-Value Products

Exxon Mobil (XOM.N) is exploring further opportunities to upgrade its refining and chemical operations after launching four new projects this year, an executive…

Offshore Wind Power

Shell Formally Ends Atlantic Shores Involvement

Shell has officially exited the US offshore wind sector by ending its involvement in Atlantic Offshore Wind. The company announced that it has transferred its 5…

Coal Production

Makhado Project Progressing Well, Uitkomst Improvement Plan Approved

MC Mining reported steady progress in developing the Makhado project in Limpopo during the quarter ended September 30, achieving key milestones despite some con…

United States

Apple Shares Rise as iPhone Holiday Sales Forecast Soothes Supply Woes

Apple’s shares rose about 2% in premarket trading on Friday after the company issued an optimistic forecast for the holiday quarter, indicating that strong dem…

Coal Trade

Adani Power Emerges as Lowest Bidder for 3.2 GW Coal Tender in India’s Assam State

India’s Adani Power has been selected as the lowest bidder for a 3.2-gigawatt (GW) coal-based power supply tender issued by the northeastern state of Assa…

Nigeria

Dangote Cement Sees 96% Advance in 3Q Net Profit

Dangote Cement plc reported strong financial growth for the third quarter of 2025, driven by higher sales volumes and improved operational performance. The comp…

South Korea

Greek Owner JHI Steamship Books Aframax Tankers in South Korea

Greek shipowner JHI Steamship has placed its first-ever newbuilding order in South Korea, marking a milestone in the company’s fleet expansion strategy. T…

United States

Amazon Shares Soar as Cloud Growth Beats Expectations

Amazon (AMZN.O) reported its fastest cloud revenue growth in nearly three years, lifting the company’s shares by 14% in after-hours trading and prompting …

India

Maersk’s APM Terminals Eyes $2 Billion Investment in Indian Port

Danish shipping company Maersk (MAERSKb.CO) announced on Thursday that its port operations subsidiary, APM Terminals, may invest approximately $2 billion to exp…

Crude Oil

Exxon Mobil Names Gregory Garland to Board of Directors

Exxon Mobil Corp. (XOM.N) announced on Wednesday that it has appointed Gregory Garland, a long-time industry executive, to its board of directors, effective Nov…

United States

OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation

OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the…

United States

Nvidia’s Stock Market Value Nears Record $5 Trillion

Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…

Energy Transition

Suggestions of the Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development

the 15th Five-Year Plan

Metal

Rio Tinto Launches Corruption Inquiry at Oyu Tolgoi

Oyu Tolgoi LLC, a subsidiary of Rio Tinto Group, announced that it is conducting an internal investigation into allegations of corruption and unethical behavior…

France

Airbus Delays Some A220 Output, Narrowing Window to Reach 2026 Target

Airbus (AIR.PA) has postponed the assembly of some A220 jets this year and next, and may only achieve its 2026 production target of 14 A220s per month in the fi…